Issue Date: 2003-09-01
Revised Date: 2007-09-01

Legal Cites

Origin:

2003 by H.B. 1567, H.B. 1678 and H.B. 3318, 78th Leg., R.S.

Purpose

Account in the General Revenue Fund to receive fees and administrative penalties collected under chapter 401 relating to radioactive waste, other than licensing and registration and nuclear reactor facility fees that are deposited to GR 0001. Also receives fees for shipment of low-level radioactive waste NTE $10 per cubic foot of shipped waste. Fees suspended when collections reach $500,000 unless the amount is reduced to $350,000 or less, at which time the fee is reinstated to bring the balance back to $500,000. Used to mitigate abandoned radioactive materials, default on lawful obligations by a license holder and protection of public health from radiation effects. May receive transfer from GR Account -- Low Level Radioactive Waste (0088) to pay refunds under § 401.303. Also used to hold securities relating to nuclear and radioactive materials regulation. Securities may include cash, surety bond, certificate of deposit, letter of credit, government or other acceptable security.
Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Retained in account
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Administering Agencies

Note

Securities previously deposited to the Radiation Perpetual Care Security and Asbestos Penalty Escrow Trust Account through 8-31-03.

Transferred to Agency 537 by H.B. 2292, 78th Leg., R.S.

Amended and transferred to Agency 582 by S.B. 1604, 80th Leg., R.S.

USAS Values

USAS Title GR ACCT - PERPETUAL CARE
Consolidated Fund 0001
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status A
Used to make general expenditures for the daily operations of state government.